Answer: See below in bold,
Step-by-step explanation:
The number of parts of the total is 6 + 8 + 11 = 25.
So the first partner invested 6 * 1,200,000 / 25 = 288,000.
The second partner : 8* 1200000 / 25 = 384,000.
The third partner: 11 * 1200000 / 25 = 528,000.
Answer:
One partner invested $288,000, another invested $384,000, and the other invested $528,000.
Step-by-step explanation:
As the three partners invested in a ratio of 6:8:11, and the total investment was worth $1,200,000, in order to know the total amount each partner invested we have to do the following calculation:
1,200,000 = 6:8:11 = total investment
1,200,000 = 6+8+11
1,200,000 = 25
1,200,000 / 25 = 1/25 total investment
48,000 = 1/25 total investment
Partner A: 48,000 x 6 = 288,000
Partner B: 48,000 x 8 = 384,000
Partner C: 48,000 x 11 = 528,000
Therefore, one partner invested $288,000, another invested $384,000, and the other invested $528,000.
